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The State Life Insurance Corporation of Pakistan (SLIC), a premier life and health insurance provider in Pakistan, has formed a strategic alliance with Daman Investments (DI) Dubai, a leading regional investment firm renowned for its wide range of non-banking financial services tailored to institutional clients, corporations, SMEs, and high-net-worth individuals.

This partnership aims to collaboratively develop customized client solutions that align with and support the growth strategies of both DI and SLIC.

The Memorandum of Understanding (MOU) was signed by Mr. Shoaib Javed Hussain, CEO of SLIC, and Mr. Ahmed Khizer Khan, CEO of DI, during a ceremony attended by senior executives from both organizations.

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At the event, Shoaib Javed Hussain, CEO of SLIC, stated: “State Life has always been at the forefront of transforming the insurance sector. We are delighted to announce this strategic partnership with Daman Investments, which brings together two leading organizations with a shared vision of providing enduring financial protection and inclusion across all levels of society, ultimately aiming to boost economic activities.”

Ahmed Khizer Khan, CEO of DI, commented: “Daman Investments has established a lasting legacy of delivering world-class investment and growth opportunities to our clients. This partnership with the State Life Insurance Corporation of Pakistan reaffirms our unwavering commitment to excellence and our strategy of fostering growth through strategic alliances. We are confident that, together, we will provide unparalleled value and innovative solutions to meet the diverse financial needs of our customers. We eagerly anticipate a successful and fruitful collaboration and are excited about the opportunities this partnership will bring.”

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